Alize Trading selects Horizon platform

First Published 3rd August 2015

Alize Trading goes live with Horizon for prop algo trading.

Sylvain Thieullent, Horizon Software

"The algorithmic trading software used by Alize is the result of almost 20 years of Horizon's R&D in front-office trading."

Paris and London - Horizon Software has
announced that Paris-based algorithmic prop house Alize Trading
has gone live with Horizon platform to develop its algorithmic
trading business.

Bruno Morel, head of IT at Alize Trading, says: "There were two
key factors in our choosing Horizon's trading platform. The first
was the ability to tailor the platform to the needs of smaller
operations. The second was the flexibility to widen the scope of
the system, as and when needed."

He adds: "Horizon's constantly improving connectivity to
exchanges in the Americas, Europe and Asia were also of real
benefit. The platform's functionality and built-in features
helped us to recreate sophisticated features and code our
algorithmic strategies for statistical arbitrage using Horizon
Algo Designer very quickly. This meant that we were able to get
the system into production very quickly."

CEO of Electronic Trading at Horizon Software, Sylvain
Thieullent, says: "The algorithmic trading software used by Alize
is the result of almost 20 years of Horizon's R&D in
front-office trading. For Alize the ability to access the full
depth of features of our platform was a major advantage.
Horizon's 70+ native gateways to exchanges worldwide give our
clients the flexibility which is essential for high frequency
trading (HFT) and access to brokers for algorithmic trading."

Horizon provides a user interface which gives its clients the
ability to code trading algorithms in SCALA (a functional,
object-oriented programming language) and run them on servers for
HFT. The scalability of Horizon's algorithmic trading software
allows smaller proprietary trading firms to start trading with
just a few exchanges, and to broaden their scope of operation as
the business grows.